436 Lake Gary RdLeakesvilleMS39451
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Ziffy AI Summary
A quick, investor-focused snapshot highlighting income strength, yield potential.
| Key metrics | Value |
|---|---|
| Price | $399,900 |
| Est. Rent | $3,200/mo |
| ROI | 18% |
- Attractive rent-to-price ratio for income stability
- Good fit for DSCR financing with healthy coverage
Investment Highlights
Rental property for sale in Leakesville at 436 Lake Gary Rd, Leakesville, MS, 39451 priced at $160,000 pairs $1,239/mo rent with $260/mo cash flow after a $783/mo payment. Total monthly income equals $1,239/mo, and annual cash flow comes to $3,120/yr on $53,040 invested. Return on cash invested is 25.79% in year one, and rental yield stands at 9.29% on a $160,000 basis. Equity gained on principal adds $1,032/yr, and 5% annual appreciation accumulates to $44,205 by year five. Five-year ROI measures 134.28% and total cumulative return in cash reaches $71,222. For financing, Ziffy Mortgage’s DSCR program evaluates $1,239/mo property income against a $783/mo payment instead of your W2s, 1099s, or Tax returns.
Single Family
Built in 2012
1.03 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 39451, Leakesville, MS area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 1,933 (100%) |
| Owner Occupied HU | 1,304 (67.5%) |
| Renter Occupied HU | 286 (14.8%) |
| Vacant Housing Units | 343 (17.7%) |
| Median Home Value | $119,947 |
| Average Home Value | $147,166 |
Housing Distribution
Address Breakdown
Residential
1,656
Single Family
1,626
Multi-Family
30
Businesses
152
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Nearby investment properties with comparable prices
Listed by: Scarlet M McDonald • Coldwell Banker Property Pros
Mls Name: MLS United
Mls ID: #4078806
Disclaimer: Information is deemed to be reliable but not guaranteed. Copyright 2024 MLS United, LLC.